Life-changing or dark day: jury out on deposit scheme
An expanded government scheme to help first-home buyers clear the deposit hurdle could pour more fuel on the red-hot property market, housing experts warn.
The challenge of finding a new home
An expanded government scheme to help first-home buyers clear the deposit hurdle could pour more fuel on the red-hot property market, housing experts warn.
Owning a home has been out of reach for many Australians for many years but a new federal deposit scheme starting today aims to give first home buyers a leg up.
The great Australian dream of property ownership continues to resemble a nightmare for many buyers as prices surge and the supply of homes dwindles.
Unit approvals fall by a third in August, weighing heavily on government hopes that higher density homes will help solve the housing crisis.
The 115,970 construction industry apprentices who are in training is 4.6 per cent fewer than a year earlier, according to latest figures.
Findings show the way new homes across the country are taxed has to change, according to the Property Council.
Aging skilled workforce and competition from other industries holding back residential house builds.
As major state political parties back moves to speed up housing developments, sluggish councils would have no choice but to accept new projects.
Long-standing, complicated planning processes will be swept aside in an effort to build more homes faster in a state that's fighting to keep young families.
Australia should follow New Zealand in reforming zoning rules to boost limp construction productivity and expand housing supply, leading economists say.